What are the responsibilities and job description for the Consultant Life Inforce Management position at Lincoln Financial Group?
What you'll be doing
- Leads initiative to standardize calculations and develop user-friendly models / spreadsheets which explain and illustrate policy performance of inforce products
- Rigorously tests and protects models for accuracy and reliability
- Trains end-users on internal teams on use of models
- Serves as a technical resource to review and resolve more complex issues; revises calculations / models as needed
- Leads projects related to more complex Business Work Requests (BWR) for administrative systems, especially for issues with broader scope such as those impacting multiple products / lines
- Liaises with internal stakeholders and management in various business areas to ensure proposed changes to administrative systems and / or processes will have no negative impact
- Reviews process to quality check policy information and calculations in various administrative systems; recommends improvements to process as needed
- Advises IT on proposed updates / changes to administrative systems to ensure systems accurately reflect calculations and how product performs per policy specifications; may build models as examples for complex calculations
- Reviews IRS code calculations prepared by internal / external stakeholders, especially more complex calculations for legacy products which require additional research
- Consults with Legal and tax attorneys to ensure calculations are compliant with tax and state insurance regulations
- Recommends and implements improvements in processes and procedures within the department and other business areas
- Provides support on ad hoc reports / assignments as needed
What we’re looking for
Must-Haves
Nice-to Have :
Application Deadline
Applications for this position will be accepted through February 28, 2025, subject to earlier closure due to applicant volume.
What’s it like to work here? At Lincoln Financial Group, we love what we do. We make meaningful contributions each and every day to empower our customers to take charge of their lives. Working alongside dedicated and talented colleagues, we build fulfilling careers and stronger communities through a company that values our unique perspectives, insights and contributions and invests in programs that empower each of us to take charge of our own future. What’s in it for you :
Clearly defined career tracks and job levels, along with associated behaviors for each Lincoln leadership Attribute.
Leadership development and virtual training opportunities
PTO / parental leave
Free financial counseling, health coaching and employee assistance program
Tuition assistance program
A leadership team that prioritizes your health and well-being; offering a remote work environment and flexible work hybrid situations
Effective productivity / technology tools and training
The pay range for this position is $67,000 - $120,700 with anticipated pay for new hires between the minimum and midpoint of the range and could vary above and below the listed range as permitted by applicable law. Pay is based on non-discriminatory factors including but not limited to work experience, education, location, licensure requirements, proficiency and qualifications required for the role. The base pay is just one component of Lincoln’s total rewards package for employees. In addition, the role may be eligible for the Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual. Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package.
Salary : $67,000 - $120,700
